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Roswell Daily Record in Roswell, New Mexico

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Roswell Daily Record

Location

Roswell, New Mexico, United States of America

Date

May 16, 2024

Page

4

April Retail Sales Hold Steady Amid Inflation Pressures

U S retail sales were unchanged in April from March as inflation and higher interest rates restrain spending. Excluding autos and gas, sales fell 0.1 percent with online shopping slipping 1.2 percent amid a delayed Easter and Amazon events, while electronics up 1.5 percent and clothing up 1.6 percent. The Commerce Department's report coincides with softer inflation and a cooling labor market, suggesting the Fed may start gradual rate relief in coming months.

New York Commerce Department Amazon Michael Pearce U.S Capital Economics Federal Reserve Joe Biden Pearce Fed Labor Department Adobe Analytics Adobe

Futures Corn Prices and Sales Data Summary

The report lists daily futures prices for corn across contracts Jul 24 through Sep 25 with bid and ask ranges and daily changes, followed by Dec 25 and May 25 maturities. It also notes estimated sales of 517,967 and Tuesday sales at 494,453 with open interest 1,513,072, up 8,330, and an unclear line ending with DATS -1 a -2.75 me or.

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Local stock items exclude annual rate increase for AMC Entertainment

Local stocks of interest are noted but not listed with the annual rate. An annual rate increase was applied to AMC Entertainment, affecting overall valuation.

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